342 E EIGHTH AVENUE, New Westminster
$1,248,000
This 4,356 sqft property in New Westminster is a detached single-family home on a lot the new rules make suitable for a multiplex. New Westminster follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Heritage character adds a design step on some streets.
Charming Character Home originally built in 1912 & completely renovated. This home has loads of living space, a great floor plan & a huge 400SF balcony off the rear w/180 degree views of the Fraser River & Mountains (rear facing SouthEast). Home features: 6 Bed, 3 Bath & has Suite Potential. Extensive renovations (in 2007) include: New Kitchen (w/SS Appliances, Granite Counters & New Cabinets), New Bathrooms, Laminate Flooring (Fir Flooring Up), New Furnace, Updated Plumbing & Electrical, & a Newer Roof, Fresh Paint Inside & Out. If you need lots of living space & potential for a mortgage helper, this is it!
How this price compares
This lot asks $287 per square foot of lot. That is 22% above the median of $235 across the 91 active lots VanPlex is showing in New Westminster, and puts it 68 of 91 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $1,248,000
- Lot size
- 4,356 sqft
- Lot dimensions
- 33 x 132
- Frontage
- 33 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1912
- Zoning
- RS-1
- MLS® area
- The Heights NW
- MLS® number
- R3176517
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Listing data via MLS®. Displayed for information only. Zoning RS-1 stamped from the city record on 2026-10-19.